Investors - APRIL 2, 2015

To read this full article you need to be subscribed to Newsline.

Sign in Start Your Free Trial Now View Purchase Options

Rhode Island commits $30m to Lone Star fund

by Zoe Loza

The Rhode Island State Investment Commission committed $30 million to Lone Star Real Estate Fund IV, a real estate debt fund managed by Lone Star Funds, during its March 25 meeting.

The investment commission manages the $8.5 billion Rhode Island Employees’ Retirement System.

Lone Star Real Estate Fund IV launched this year with a $5 billion target.

A recent investor is the $44.7 billion Teachers’ Retirement System of Illinois, which invested $300 millionin the Lone Star mega-fund.

ERSRI had $254.7 million in real estate assets as of December 2014. The retirement system has a target real estate alloca

Glossary, videos, podcasts, research in the Resource Center

Forgot your username or password?

Close your account?

Your account will be closed and all data will be permanently deleted and cannot be recovered. Are you sure?

We respect your privacy! Please give consent for processing data as described in our Privacy Policy